Benefits of Commercial Solar in Minnesota
Protect business operations and production even when the grid goes down. Commercial solar panels are designed to keep up with high electrical demand, so you can focus on everything else.
At iSolar Minnesota, we're business owners—just like you—and we know how important a simple task like keeping the lights on is for running a company.
Commercial solar power allows you to bring clean, safe, and renewable energy to your building. Instead of relying solely on grid power, you'll have access to your own energy source through industrial-sized solar panels and grid-tie power systems.
BECOME YOUR OWN POWER PROVIDER
SAVE ON ENERGY & UTILITY COSTS
REDUCE YOUR CARBON FOOTPRINT
Get in touch with us today to get a free quote, specific to your business.
Depreciation Benefits For Your Business
Most businesses can offset the some of the expense associated with a solar installation through depreciation. Here is a recent example of a commercial solar project where the business owner was able to benefit from tax depreciation in Big Falls, Minnesota.
How Solar Depreciation Can Work for Your Business
- You can depreciate your commercial solar panels because they are assets of your business
- Currently, you can depreciate 85% of the cost of your system installation, assuming you took the investment tax credit of 30% (which you should!)
- 85% = 100% - [Half of 30% Investement Tax Credit (ITC)] = 100%-15%
- Depending on business income, you can choose to take 85% depreciation in year 1, or you might prefer to schedule it out up to 6 years
Depreciation Schedule Example
Total Cost of System: $150,000
85% of cost (how much you can depreciate):$127,500
| Year | Depreciation % | $ Amount Depreciated for Tax Purposes |
|---|---|---|
| 1 | 30% | $38,250 |
| 2 | 20% | $25,500 |
| 3 | 20% | $25,500 |
| 4 | 10% | $12,750 |
| 5 | 10% | $12,750 |
| 6 | 10% | $12,750 |
| Total | 100% | 127,500 |
We're happy to discuss your options for depreciation.
Give a call anytime!
Give a call anytime!
* DISCLAIMER * We are not tax advisors ... please consult your accountant to understand your individual tax situation.
YOU KNOW HOW TO RUN YOUR BUSINESS. WE KNOW HOW TO SAVE YOU MONEY WITH SOLAR ENERGY.
COMPLETED COMMERCIAL SOLAR INSTALLATIONS
HOW WE BRING COMMERCIAL SOLAR TO YOUR BUILDING
Products & Services
Whether you own a sloped or flat-roof building, we offer custom solar systems that pair with many mounting and stanchion options to complement your roofing system. We'll help you design and install your solar panels for ground or roof use.
Operations & Maintenance
After your commercial solar power system is professionally installed, we'll be there to support your ongoing repair and replacement needs, so your panels are generating electricity efficiently and are protected against Minnesota weather conditions.
Financing & Incentives
Want even more savings on your solar investment? You may qualify for certain tax incentives and rebates. We've compiled a list to help you get startet.
Project Gallery
View recent commercial solar projects for inspiration! Our team can help you plan, design, and install a PV system that complements your property and keeps your business moving forward.
WHY iSOLAR MINNESOTA?
- Experience of four decades in the solar power industry.
- Commitment to finding you the best solar solutions that fits your lifestyle.
- Accountable in making sure every panel is installed with the highest quality standards.
- Approachable from day one. We want you to feel supported and 100% satisfied.
I highly recommend doing your solar project with... iSolar. We had a rather large project done on our house. The end result was fantastic. Our project took longer than expected but that was due to Excel Energy. I solar stayed on top of them to keep the project moving along. Once we finally got the approval from Excel Energy, the actual installation only took 2 days. I had a ton of questions along the way and Ryan, and the team from iSolar always took the time to answer them all. I did a lot of research on solar install companies prior to picking iSolar, and iSolar has the best warranty in the business and all the right Hardware that I was looking for. Thank you again iSolar.read more
We had the Ihles install our solar array in the... fall of 2019. We are thoroughly pleased with the product and with their neat and professional job of installation. Over the past three years there have been no problems. It just runs and runs without needing any maintenance of any sort.Our solar array consists of 48 365-watt Longi solar panels, mounted on Omco ground mount solar racking, and 2 SolarEdge SE7600H-US inverters. In the first year of operation, we generated 27,701 kWh.To be even more carbon neutral, we also installed a Waterfurnace 5-ton, Series 7 geothermal heat pump. During the first heating season, the heat pump used 7,178 kWh x $0.10 /kWh = $718 to heat our 3,400 sq. ft. home.Looking at our kWh production and consumption history, in that first year, we sold 20,612 kWh to the power coop, we purchased 10,541 kWh, for a net 10,071 kWh sold to the power coop. In the winter months when there are shorter daylight hours, we purchase more power than we sell. But starting about in February, we sell the Coop more than what we purchase. Since we installed the solar array, we haven’t had to pay any electric or heating bills, and as of the end of 2022, we have a credit of $756 on our electric bill. The solar array provides all our power, including what is needed to heat the house. Going solar is the best purchase we’ve ever made.read more
After spending a lot of time researching and... getting quotes from several companies, we chose iSolar to install our solar panel array. Their customer service and willingness to educate and explain without being pushy and sales oriented was head and shoulders above any of the other companies with whom I spoke. They were always available to answer any questions I had and were pleasant and amazingly efficient during the installation. I highly recommend that you work with them if you are looking to get your own solar panels!read more
We had a fantastic experience with iSolar - from... the sales process through the interconnection, they handled everything quickly and professionally. The process was extremely smooth and went much more quickly than I expected after working in the industry and hearing how slow things can move with utilities. Would highly recommend them for any solar project and will use them again if we ever add storage to our system.read more
The whole crew at iSolar did a great job... installing my 7.5Kw system. They were fast, clean, professional and very reasonably priced! Thanks guys for your great work!read more
iSolar installed our panels 10 months ago & we... have had nothing but good experiences with them. I have emailed a few times with questions & always received a quick, honest, logical, and respectful response.The installers were quick, kind, and clean. I highly recommend iSolar.read more
A well deserved review. I was very pleased... working with Isolar. Other than signatures the Isoalr team took care of every step of the process from detailed design to permitting, to installation and connection. They were attentive to keeping me updated on every step of the process and educating me along the way. We did run into two issues the first was a major delay of processing on Excel energies side. Isolar worked with Excel on my behalf and kept me updated on the progress. The second was a city ordinance that came up regarding needing to notify neighboring properties and the Isolar team took care of that whole process as well. I was impressed with the professionalism of the installation and the attention to details. Thank you Isolar team.read more
Great team and good communication.I knew I... wanted a local solar installer, and I am glad to have found Ryan and his team at iSolar.Jeremyread more
Going solar was something I always wanted to do... and iSolar made it a wonderful experience. I met with several solar providers but iSolar offered the best price. At no time in the process did I feel like I was pressured to purchase or locked into an agreement. That was very important to me. My sales rep., Justin, answered all my questions and concerns. He responded promptly to my emails, even at odd times of the day. I was kept informed of the process with Xcel Energy. Ryan explained the process clearly from application and to installations. He guided me through the software used to monitor my power generation. Once approved, the handover to the installers was smooth. They were on time and cleaned up once they were done. Excellent job!read more
We had a very positive experience with the... professionals at iSolar. In what can be a very complex and major financial decision for a homeowner, they walk you through step by step very well. From their initial proposal which clearly stated all of the details, to the signing of documents with the utility, to the excitement of "going live" and watching it work on the mobile app it was a great investment in our property. Highly recommend the iSolar Team!read more
We did a 22 panel project on our house earlier... this year and could not be happier! Isolar did an amazing job walking us through every step of the way! We have been really surprised at how well solar produces here in MN. Would definitely recommend these guys they were awesome!read more
From the first meeting to installation and... follow-up, our experience with the iSolar team was fantastic. The installers were polite and respectful. They clearly knew what they were doing. We were given updates and reminders as the process moved forward. Everything was up and running as they had described. We couldn’t be happier.read more
Had solar installed on my roof in Minneapolis in... fall of '20. ISolar did a great job and had better pricing then the 3 other quotes I got. Justin was great to work with!read more
I highly recommend doing your solar project with... iSolar. We had a rather large project done on our house. The end result was fantastic. Our project took longer than expected but that was due to Excel Energy. I solar stayed on top of them to keep the project moving along. Once we finally got the approval from Excel Energy, the actual installation only took 2 days. I had a ton of questions along the way and Ryan, and the team from iSolar always took the time to answer them all. I did a lot of research on solar install companies prior to picking iSolar, and iSolar has the best warranty in the business and all the right Hardware that I was looking for. Thank you again iSolar.read more
We had the Ihles install our solar array in the... fall of 2019. We are thoroughly pleased with the product and with their neat and professional job of installation. Over the past three years there have been no problems. It just runs and runs without needing any maintenance of any sort.Our solar array consists of 48 365-watt Longi solar panels, mounted on Omco ground mount solar racking, and 2 SolarEdge SE7600H-US inverters. In the first year of operation, we generated 27,701 kWh.To be even more carbon neutral, we also installed a Waterfurnace 5-ton, Series 7 geothermal heat pump. During the first heating season, the heat pump used 7,178 kWh x $0.10 /kWh = $718 to heat our 3,400 sq. ft. home.Looking at our kWh production and consumption history, in that first year, we sold 20,612 kWh to the power coop, we purchased 10,541 kWh, for a net 10,071 kWh sold to the power coop. In the winter months when there are shorter daylight hours, we purchase more power than we sell. But starting about in February, we sell the Coop more than what we purchase. Since we installed the solar array, we haven’t had to pay any electric or heating bills, and as of the end of 2022, we have a credit of $756 on our electric bill. The solar array provides all our power, including what is needed to heat the house. Going solar is the best purchase we’ve ever made.read more
After spending a lot of time researching and... getting quotes from several companies, we chose iSolar to install our solar panel array. Their customer service and willingness to educate and explain without being pushy and sales oriented was head and shoulders above any of the other companies with whom I spoke. They were always available to answer any questions I had and were pleasant and amazingly efficient during the installation. I highly recommend that you work with them if you are looking to get your own solar panels!read more
We had a fantastic experience with iSolar - from... the sales process through the interconnection, they handled everything quickly and professionally. The process was extremely smooth and went much more quickly than I expected after working in the industry and hearing how slow things can move with utilities. Would highly recommend them for any solar project and will use them again if we ever add storage to our system.read more
The whole crew at iSolar did a great job... installing my 7.5Kw system. They were fast, clean, professional and very reasonably priced! Thanks guys for your great work!read more
iSolar installed our panels 10 months ago & we... have had nothing but good experiences with them. I have emailed a few times with questions & always received a quick, honest, logical, and respectful response.The installers were quick, kind, and clean. I highly recommend iSolar.read more
A well deserved review. I was very pleased... working with Isolar. Other than signatures the Isoalr team took care of every step of the process from detailed design to permitting, to installation and connection. They were attentive to keeping me updated on every step of the process and educating me along the way. We did run into two issues the first was a major delay of processing on Excel energies side. Isolar worked with Excel on my behalf and kept me updated on the progress. The second was a city ordinance that came up regarding needing to notify neighboring properties and the Isolar team took care of that whole process as well. I was impressed with the professionalism of the installation and the attention to details. Thank you Isolar team.read more
Great team and good communication.I knew I... wanted a local solar installer, and I am glad to have found Ryan and his team at iSolar.Jeremyread more
Going solar was something I always wanted to do... and iSolar made it a wonderful experience. I met with several solar providers but iSolar offered the best price. At no time in the process did I feel like I was pressured to purchase or locked into an agreement. That was very important to me. My sales rep., Justin, answered all my questions and concerns. He responded promptly to my emails, even at odd times of the day. I was kept informed of the process with Xcel Energy. Ryan explained the process clearly from application and to installations. He guided me through the software used to monitor my power generation. Once approved, the handover to the installers was smooth. They were on time and cleaned up once they were done. Excellent job!read more
We had a very positive experience with the... professionals at iSolar. In what can be a very complex and major financial decision for a homeowner, they walk you through step by step very well. From their initial proposal which clearly stated all of the details, to the signing of documents with the utility, to the excitement of "going live" and watching it work on the mobile app it was a great investment in our property. Highly recommend the iSolar Team!read more
We did a 22 panel project on our house earlier... this year and could not be happier! Isolar did an amazing job walking us through every step of the way! We have been really surprised at how well solar produces here in MN. Would definitely recommend these guys they were awesome!read more
From the first meeting to installation and... follow-up, our experience with the iSolar team was fantastic. The installers were polite and respectful. They clearly knew what they were doing. We were given updates and reminders as the process moved forward. Everything was up and running as they had described. We couldn’t be happier.read more
Had solar installed on my roof in Minneapolis in... fall of '20. ISolar did a great job and had better pricing then the 3 other quotes I got. Justin was great to work with!read more
LEt's Talk
Looking for commercial solar near you? Schedule a free consultation to find out if iSolar Minnesota is a good fit!